Durham Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,743,593 | 1,760,449 | −16,856 | 1.0 | 27% |
| 2012 | 1,615,066 | 1,620,784 | −5,718 | 1.0 | 27% |
| 2013 | 1,889,237 | 1,844,852 | 44,385 | 1.3 | 26% |
| 2014 | 1,901,906 | 1,919,031 | −17,125 | 1.3 | 24% |
| 2015 | 1,974,533 | 1,996,320 | −21,787 | 1.0 | 25% |
| 2016 | 1,976,252 | 1,966,868 | 9,384 | 1.0 | 25% |
| 2017 | 2,119,489 | 2,094,868 | 24,621 | 1.1 | 26% |
| 2018 | 2,237,703 | 2,243,715 | −6,012 | 1.0 | 25% |
| 2019 | 2,027,879 | 2,017,386 | 10,493 | 1.2 | 28% |
| 2020 | 2,053,594 | 2,137,194 | −83,600 | 0.7 | 29% |
| 2021 | 2,110,368 | 2,005,367 | 105,001 | 1.9 | 27% |
| 2022 | 2,260,692 | 2,022,067 | 238,625 | 2.7 | 28% |
| 2023 | 2,643,344 | 2,454,530 | 188,814 | 3.3 | 25% |
In its most recent public year (2023), this organization brought in $188,814 more than it spent. Its reserves stood at about 3.3 months of spending, up from 1 in 2011. Staff pay was 25% of spending. $248,468 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Durham Arts Council Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works